Logistics Trends Inc. is always on the lookout for companies that are on the cutting edge. We believe that the following companies are game changers and can make a difference in the world of logistics. Here are the names of seven companies: Cargomatic, uShip, FLEXE, Convoy, Flexport, Deliv and Roadie. The common thread between all of the companies is that they are crowdsourced, cloud based, and utilize web and mobile based applications.
Cargomatic is a cloud based application that matches shippers and carriers that utilizes the web and mobile apps. The current service area is within 150 miles of Los Angeles and tri-state New York and New Jersey areas. It has a niche market with local delivery service. Consider it the Uber for trucking. Current services provided include: LTL, FTL and drayage services. The company raised $10.6 million in funding. The founders are former silicon valley tech and trucking executives. Website: http://www.cargomatic.com.
uShip is a cloud based solution that has web and mobile applications. The Austin Texas based company was founded in 2003 and secured funding in 2004 from Silicon Valley VC’s. The company has a European branch in Amsterdam and operates globally with localized sites in 19 countries and on six continents. Backed by some of the industry’s top venture firms, Benchmark Capital, DAG Ventures and Kleiner Perkins Caufield Byers. uShip is featured on the television show “Shipping Wars”. Freight, Household Goods, Vehicles and Pets can be shipped. The firm offers cargo insurance through Lloyds of London. Website: http://www.uShip.com.
FLEXE is a cloud based market place of warehousing space that connects organizations in need of additional warehouse space with organizations that have excess capacity. The Seattle, WA based company was founded in 2013. Currently, they have a network of 80 warehouses across 20 markets in North America. A cloud platform is utilized that has extensive search capabilities to find facilities matching specific distribution needs. Included is a system that provides inventory management, real time inventory visibility, tracking and reporting. Additional features include standardized terms of service for multiple facilities. Website: http://www.flexe.com.
Convoy offers a mobile app to book local and regional shipments. The firm is headquartered in Seattle, WA. Real-time tracking and tracing of your shipment is provided along with alerts when your shipment arrives. Images of your shipment and the signed Bill of Lading are delivered instantly to your account. A simple online dashboard is available to view and manage all of your freight. Currently, Convoy only serves the state of Washington. The firm has received $2.5 million in funding. Website: http://www.convoy.com.
Flexport is a web based licensed freight forwarder that uses people and software to manage the complexity of international trade. Flexport provides expertise in freight forwarding and customs clearance beyond the platform. Services offered include: air freight, ocean freight, trucking customs brokerage, cargo insurance and warehousing. A web-based app that offers real-time visibility of your shipments. Flexport has three offices in San Francisco, Amsterdam and Hong Kong. Website: http://www.flexport.com.
Deliv is a crowdsourced same day delivery service that is headquartered in Menlo Park, CA. The firm specializes in online and in store delivery of goods and partners with retailers for same day delivery. Pricing is cost effective and in line with standard ground shipping rates. Currently, Deliv’s clients include Best Buy, Express, Kohl’s, Macy’s, Pottery Barn and Williams-Sonoma, as well as thousands of local merchants and ecommerce companies like BloomThat, Cako, Urban Stems and Laundry Locker. It now operates in 17 U.S. markets and provides service for 4000 clients nationwide. Deliv is continuing its market expansion plans by acquiring New York same-day company Zipments. In June it acquired Chicago-based WeDeliver, and said it will continue to pursue deals for other market-specific providers. Website: http://www.delvi.co.
Roadie is a neighbor to neighbor shipping network. Gigs are shipments or deliveries. The firm utilizes and mobile and web based apps. Senders post gigs to the app and drivers bid on much they will charge to complete the gig. Roadie has an arrangement with Waffle House as a meeting place to drop off and delivery goods. The firm provides $500 insurance on every gig. Additional insurance can be purchased for up to $10,000. Roadie has partnered with UPS Capital for insurance needs. Website: http://www.roadie.com.
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